Secretary Mnuchin has approved the establishment of three new facilities under section 13(3) of the Federal Reserve Act to provide liquidity to the financial system and support the flow of credit to American workers, households, and businesses. These include: The Term Asset-Backed Securities Loan Facility (TALF): under which the Federal […]
Cybersecurity During COVID-19
By now many of your employees are working remotely. As an employer, this poses an increased risk for a cyber incident to occur. Cyber threat actors are preying on the concerns associated with COVID-19 and using the hysteria as a launching pad for cyber-attacks. These attacks can have significant consequences. […]
The World Health Organization has declared the Coronavirus a pandemic. States of emergency have been declared at the federal, state and many local levels. Not surprisingly, we are being asked what steps associations can and can’t (and should and shouldn’t) take. All of the association statutes in Florida contain an […]
As the Coronavirus (COVID-19) hits home, the uncertainty of its far-reaching economic ramifications has left community associations wondering if this crisis will impact their ability to collect monthly maintenance fees. This is a major concern since the collection of maintenance fees is the very lifeblood of a community association. Without […]
Washington Update: March 23
In a major late breaking development, Senate Democrats did not vote for cloture by a 47-47 vote on the third stimulus bill that Senate Republicans had been advancing, H.R. 748, the CARES Act. Senator GOP Leader Mitch McConnell switched his vote to no so he could move to reconsider at […]